Due to the SEC's delayed decision on spot ETFs, Bitcoin rebounded strongly after a pullback, approaching $38000.Bitcoin and Shanzhai CoinAfter a pullback to below $35000 on November 9th, Bitcoin began to recover its strength
Due to the SEC's delayed decision on spot ETFs, Bitcoin rebounded strongly after a pullback, approaching $38000.
Bitcoin and Shanzhai Coin
After a pullback to below $35000 on November 9th, Bitcoin began to recover its strength.
Supported by the positive sentiment brought by the sharp decline in the Producer Price Index (PPI) in October 2023, this leading asset rebounded from the $37000 region this morning. In addition, the US Securities and Exchange Commission (SEC) has also postponed the issuance of spot ETFs.
Bitcoin rose more than 6% on the Coin Exchange, reaching a maximum of $38000, and then slightly retreated to around $37500.
With Bitcoin showing strong signs of recovery, the counterfeit currency market is thriving, returning to over $37000
Most of the top 100 projects have shown strong growth. Among them, render (RNDR) is the most outstanding counterfeit currency, with an increase of over 30% in just 24 hours.
Kaspa (KAS), THORChain (RUNE), and Synthetix (SNX) were also the best performing counterfeit coins of the day, with a return rate of over 20%.
Many other projects have also recorded over 10% growth in the short term, such as Kronos (CRO), Avalanche (AVAX), Solana (SOL), Gas (GAS), ORDI (ORDI), InternetComputer (ICP), Sui (SUI), 0x protocol (ZRX), Filecoin (FIL), Pepe (PEPE)
After a pullback below $2000 on November 14th, coupled with positive economic data and market excitement, ETH returned to an important psychological level, closing higher daily, with a gain of over 4%, bringing prices back above the $2050 range.
(Personal opinions do not constitute suggestions)
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